1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vesnalui [34]
3 years ago
12

Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2.460 per month plus $49 per boat. For the month of

April, the company planned for activity of 58 boats, but the actual level of activity was 18 boats. The actual cleaning equipment and supplies for the month was $3.470. The spending variance for cleaning equipment and supplies in April would be closest to:
Multiple Choice

a. $1,832 U
b. $128 U
c. $1,832 F
Business
1 answer:
kap26 [50]3 years ago
4 0

Answer:

C. $1,832 F

Explanation:

The spending variance for equipment and supplies can be calculated as below:

Spending variance = Actual spending - Standard Spending

                                =  Actual cleaning equipment and supplies -  (Planned boat activity x Cost per boat activity + Fixed planned cleaning equipment and supplies per month)

                                = 3,470 - (58 x 49 + 2,460) = - $1,832 (Favourable).

You might be interested in
Three possibilities are equally likely and have payoffs of $3, $6, and $9. the expected value is:_________
4vir4ik [10]

When three possibilities are equally likely and have payoffs of $3, $6, and $9. Then the expected value will be $6.

<u>What is Expected Value? </u>

Expected value refers to when you play the game it will tell you the probability or winning chance and amount to win.

Hence, in the above questions, there are equally likely possibilities.

So, in this case, the probability for each possibility is 1/3.

We can calculate the expected value (EV) as:

EV=((1/3) x $3) +  ((1/3) x $6) + ((1/3) x $9)

   =1 + 2 + 3

   =$6

Therefore, the expected value will be $6 when three possibilities are equally likely and have payoffs of $3, $6, and $9.

You can learn more about expected value at brainly.com/question/24305645

#SPJ4

4 0
2 years ago
TB MC Qu. 10-143 (Algo) ABC Corporation makes ... ABC Corporation makes a product with the following standard costs: Standard Qu
laiz [17]

Answer:

I yyyyyyyyyyyyyyyyyyyyttyy believe that you are not doing this for you and your sister in law and you have a lot of friends to do

Explanation:shagsvsbdbdissbevegbubtalkingnwbou y isle tab efor ee

4 0
3 years ago
Harms Shoe Company applies manufacturing overhead based on the number of units as the cost driver. Information concerning costs
Rashid [163]

Answer:

The $64.20 is the unit product cost.

Explanation:

For computing the units produced for 1000 units, first we have to compute the total cost which is equals to

= Direct labor cost + direct material cost + manufacturing overhead

where,

Direct labor cost = labor hours × rate per hour

= 800 × $14

= $11,200

And. the manufacturing overhead = $8,000

Direct material = $45,000

Now put these values on the above equation

So,

Total units = $11,200 + $8,000 + $45,000

                 = $64,200

So the unit product cost  is equals to

= Total cost ÷ number of units produced

= $64,200 ÷ 1,000

= $64.20

Hence, $64.20 is the unit product cost.

5 0
3 years ago
After long-run adjustments, a purely competitive market achieves Group of answer choices productive efficiency but not necessari
charle [14.2K]

Answer: both productive and allocative efficiency.

Explanation:

A purely competitive market, is a market where there are large numbers of firms which produces standardized product. The prices of the goods in the market are determined by the consumer demand and no supplier can influence the market price.

After long-run adjustments, a purely competitive market achieves both productive and allocative efficiency. This is due to the fact that the average variable cost will be minimized and thenoruce that's charged will be equal to the marginal cost.

7 0
3 years ago
Which of the following is a guideline for designing forms and reports? Group of answer choices Design a complex navigation syste
lana [24]

Answer:

b. Balance the layout

Explanation:

The guideline for designing forms and reports involve using meaningful titles, including meaningful information, balancing the layout, designing an easy navigation system.

a. Design a complex navigation system False

The goal of designing forms and reports should include an easy navigation system not a complex one.

b. Balance the layout. True

Balancing the layout is a guideline for designing forms and reports which involves clearly labeling all data and entry fields.

c. Include as much additional information as possible to be comprehensive. False

This is not necessary especially if the additional information is not even meaningful. Only needed information should be displayed.

d. Use abbreviations in titles False

The use of meaningful titles is recommended.

e. Limit the forms or reports to 1000 rows False

This is false. It is recommended to use meaningful labels, formatting columns, rows, and text, and formatting numeric, textual, and alphanumeric data instead.

6 0
3 years ago
Other questions:
  • In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1 Bloss
    6·1 answer
  • In making estimates, its Important to understand rounding
    10·1 answer
  • An initial meeting between a salesperson and a prospect designed to stimulate interest and building a foundation for a working r
    6·1 answer
  • Can these two countries gain from trading oil and fish​ oil?
    10·1 answer
  • Nancy Company has an idle machine that originally cost $200,000. The book value of the machine is $100,000. The company is consi
    8·1 answer
  • Adding a new product line to an existing portfolio means that the line has​ __________________. A. increased product support ser
    8·1 answer
  • Bonds with a face amount of $1,000,000 are sold at 106. The journal entry to record the issuance is:
    13·1 answer
  • Which quality ensures that you are in a better position to represent yourself? A. self-confidence B. self-management C. punctual
    15·1 answer
  • Wildhorse Corporation factors $266,800 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kat
    9·1 answer
  • In open economies, A. countries can save only by acquiring foreign wealth. B. investment always refers to the domestic stock mar
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!